FLUXUSDT trade ideas
FLUXUSDT (4H) BUYBINANCE:FLUXUSDT
Apparently the correction is over for FLUX and we also have a hammer candle after correction. its a good price to enter.
Targets are marked with purple horizon lines on the chart.
(PERSONAL IDEA)
Flux forecastFlux is trading inside weekly raising channel. Fractal is not accurate but mimic the previous wave to 1.618 and 2.0 fbs.
If Flux breaks the channel, then it is deal breaker.
FLUX: let's try this shortOk, after 7 days in which I confess market disoriented me I've entered another short. I was disoriented because while general picture remained bearish market was going up and I wasn't confident neither at shorting nor at longing, moreover my life is super busy right now and I could focus too much on my TA.... well this hasn't changed now to be honest.
I found that FLUX had pumped over the last few days and looked topped. Tested twice today a resistance at 0.7350 and all indicators are bearish, I decided to jump in. Off course I still expect that pump that comes after one opens a short but beside that I suppose this is a good opportunity.
1h looks like shaping bearish:
4h too:
NOTE: even if not always it's very common that a serious dip takes price peaks with lower RSI so it's possible that this dip won't be the final one or it's possible we'll see another peak before dumping.
If BTC pumps off course it's better to cut the short
FLUXUSDT (4H)Hi Traders
FLUXUSDT (4H Timeframe)
Waiting for the downward break of 0.467 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 0.525 would cancel the bearish scenario.
Trade details
Entry: 0.467
Stop loss: 0.525
Take profit 1: 0.432
Take profit 2: 0.396
Score: 4
Strategy: Bearish reversal
Flux can be bullish.Flux can be bullish.
price is stable at the bottom as shown in the chart there are sum news comming in next two weeks keep an eye 20 to 50% profit ill book and exit
FLUX project , a potential blockchain for futureHi all.
we have a long term analysis on FLUX in 1W chart.
as you see on my chart after compelete a full cycle of 1-2-3-4-5 and ABC waves
we have a potential to start a new impulsive wave.
of course this correction may be extend and lasts more.
i draw cycle lines (Blue vertical lines) and we see ABC correction lasts 2 cycles and now is in the end of cycle.
this means correction last 2 time more than impulsive wave and have a potential to reverse.
for the end of ABC correction we have a lot of reason and levels like:
1-we are in the range of recent impulsive wave 4
2-we see a strong support level there(i show it with a purple rectangle)
3-recent impulsive wave fibonachi retracement 50% level
4-wave A projection 200% fibo level
5-POC(point of control) is here.
so i think this altcoin have a lot of technical potential for amazing growth.
if we see this blockchain website,we found it good protocol with amazing roadmap.
runonflux.io
what we need is a liitle good news for inflation this week...
have good investing and dont forget to manage your risks.
!!!NOTE!!!
MY POSTS ARE NOT TRADING AND INVESTING ADVISE
SO TRADE ON YOUR OWN STRATEGY AND CONSIDER MARKET RISKS.
FLUXNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
FLUXNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
$FLUX waiting for BreakoutIf $FLUX is able to reclaim the lower vwap band (1,67$) on the 4 hour chart, potential Targets can be 1,86$ and 2,06$
WHAT THE FLUX!Are you guys excited as I am with flux?
Same for KDA AND A FEW OTHERS.
DYOR! Trade safely and remember that patience always win! We all win!
FLUXFLUX is hovering around it's major support zone. RSI has taken support from the bullish zone and macd has turned positive, Looks like it will break above the trendline this time and head towards $2. Watch out for the breakout.
fluxusdtThe price is inside the triangle so that if the upper side of the triangle breaks the dynamic line of the chart, you will enter into a trade.
Flux is readywe have nive brakeout with good volume
its rising up while btc is down , thats mean there is money out from btc to flux
not advice
Gl
FLUXFLUX/USDT Flux is on Support zone with Triagle Pattern its looking soo Bullish im taking Buy in this cryptocurrency with SL 0.9500
fluxThe currency FLUX, the positive is above 2.06, which is the point B, and at the same time it is considered a resistance that has previously reached and rebounded downwards, i.e. closing above we go to the first target and then the second target, closing below 1.12 cancels the scenario, but 1 dollar is strong support, it is forbidden to close below
Trending after its pullbackIn the two cases provided below, the case for the Sandbox and Decentraland are this market trending upwards. Similar is it for the case of Flux. Something to note is that flux is trending after its initial pullback.
Entry Price: 1.29
Stop loss: 1.24
Target Price 1: 2.00
Target Price 2: 2.27
Target Price 3: 2.93
The general sentiment in the metaverse tokens is that this market is trending and with other metaverse tokens trending would the market sentiment lead to the Flux token be trending in the long term.
Seen in this chart is the token is overbought in the short term and the MACD is about to close in the short term.
This is not financial advice.
